--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-21-111574" form_type: "8-K" ticker: "GNLN" cik: "0001743745" company_name: "Greenlane Holdings, Inc." filed_at: "2021-08-31T23:59:59+00:00" generated_at: "2026-06-29T06:48:55.518268+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # Greenlane closes KushCo merger; 48.1% combined ownership for KushCo holders; Kovacevich named CEO ## Summary - Merger completed Aug 31, 2021; each KushCo share converted to 0.3016 Greenlane Class A shares valued at ~$0.79 based on Aug 30 close of $2.61. - Former Greenlane stockholders own 51.9% and former KushCo stockholders own 48.1% of combined company on fully diluted basis. - Greenlane issued 48.7M Class A shares as consideration; assumed warrants for 9.5M shares and options for 3.0M shares. - Nicholas Kovacevich (former KushCo CEO) becomes Greenlane CEO; Aaron LoCascio remains as President and Chairman until independent chairman appointed by Sep 30. - Three KushCo directors (Kovacevich, Don Hunter, Dallas Imbimbo) added to Greenlane board; Neil Closner resigned. ## SEC filing metadata - accession: 0001104659-21-111574 - form_type: 8-K - ticker: GNLN - cik: 0001743745 - company_name: Greenlane Holdings, Inc. - filed_at: 2021-08-31T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 2.01, 5.02, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/0001104659-21-111574-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/tm2126683d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-21-111574 - JSON: https://secwatch.observer/filing/0001104659-21-111574.json - Plain text: https://secwatch.observer/filing/0001104659-21-111574.txt ## Key facts - Executive change Don Hunter was elected as Director at Greenlane Holdings, Inc.. - Action: elected - Role: Director source text: immediately following the effective time of Merger 1, the size of Greenlane’s Board of Directors (the “Board”) was increased from five members to seven members and Nicholas Kovacevich, the former Chief Executive Officer of KushCo, Don Hunter, a former member of the KushCo board of directors, and Dallas Imbimbo, a former member of the KushCo board of directors, were elected to the Board, each to serve until the next annual meeting of stockholders of the Company and until their successors have been duly elected and qualified. evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/0001104659-21-111574-index.htm - Executive change Aaron LoCascio changed role as President at Greenlane Holdings, Inc.. - Action: replaced - Role: President source text: Mr. Kovacevich replaces Aaron LoCascio, who will remain with Greenlane as President of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/0001104659-21-111574-index.htm - Executive change Dallas Imbimbo was elected as Director at Greenlane Holdings, Inc.. - Action: elected - Role: Director source text: immediately following the effective time of Merger 1, the size of Greenlane’s Board of Directors (the “Board”) was increased from five members to seven members and Nicholas Kovacevich, the former Chief Executive Officer of KushCo, Don Hunter, a former member of the KushCo board of directors, and Dallas Imbimbo, a former member of the KushCo board of directors, were elected to the Board, each to serve until the next annual meeting of stockholders of the Company and until their successors have been duly elected and qualified. evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/0001104659-21-111574-index.htm - Executive change Nicholas Kovacevich was elected as Director at Greenlane Holdings, Inc.. - Action: elected - Role: Director source text: immediately following the effective time of Merger 1, the size of Greenlane’s Board of Directors (the “Board”) was increased from five members to seven members and Nicholas Kovacevich, the former Chief Executive Officer of KushCo, Don Hunter, a former member of the KushCo board of directors, and Dallas Imbimbo, a former member of the KushCo board of directors, were elected to the Board, each to serve until the next annual meeting of stockholders of the Company and until their successors have been duly elected and qualified. evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/0001104659-21-111574-index.htm - Executive change Nicholas Kovacevich was appointed as Chief Executive Officer at Greenlane Holdings, Inc.. - Action: appointed - Role: Chief Executive Officer source text: as of the effective time of Merger 1, Mr. Kovacevich was appointed as the Chief Executive Officer of Greenlane. evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/0001104659-21-111574-index.htm - Executive change Neil Closner resigned as Director at Greenlane Holdings, Inc.. - Action: resigned - Role: Director source text: Neil Closner, a former director of Greenlane, provided a resignation letter to the Board that became effective upon the closing of the Mergers. evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/0001104659-21-111574-index.htm - Executive change Rodrigo De Oliviera was appointed as Chief Operating Officer at Greenlane Holdings, Inc.. - Action: appointed - Role: Chief Operating Officer source text: Rodrigo De Oliviera’s appointment as Greenlane’s Chief Operating Officer became effective upon the closing of the Mergers. evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000110465921111574/0001104659-21-111574-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.